Moody’s experts from around the globe join hosts Ariane Ortiz-Bollin and Thaddeus Best to discuss key economic, financial and credit trends shaping emerging markets. Published by Moody's Investors Service.
Credit risks for Sub-Saharan African sovereigns and banks rise; telecom sector a bright spot
Elisa Parisi-Capone from the Sovereigns team and Peter Mushangwe from the Financial Institutions team join host Thaddeus Best to discuss how liquidity risks have risen for Sub-Saharan sovereigns with less-developed domestic capital markets, and the pandemic-induced asset quality deterioration of some of the largest regional banks. Also, Lisa Jaeger discusses one sector in the region experiencing growth: telecom companies.
Corporate liquidity in Latin America is adequate; Brazil faces tough policy choices
Erick Rodriguez of the Corporates team discusses how most companies and public finance projects in Latin America managed to maintain adequate liquidity levels despite the depth of their recessions. Meanwhile, Samar Maziad of the Sovereign group dives deeper into Brazil, the region’s largest economy, to answer the most frequently asked investor questions.
Emerging markets poised for a rocky and uneven recovery from pandemic
Deborah Tan of the Credit Strategy & Research team explains the effectiveness and risks of quantitative easing in emerging markets, while Matt Robinson of the Sovereign group discusses the uneven economic recovery ahead for emerging markets, common factors affecting lower-rated sovereigns and key metrics and trends to follow in 2022 and beyond.
Sovereign wealth fund drawdowns will help meet elevated funding needs across Gulf
Alexander Perjessy and Thaddeus Best of the Sovereign team discuss our forecasts for a protracted recovery of Gulf Cooperation Council (GCC) economies this year, and the unique availability of these governments to tap into sovereign wealth fund assets to plug their fiscal deficits.
Climate risks and income inequality are prime ESG risks for EM governments
Marie Diron and Daniela Re Fraschini from the Sovereign team discuss our new environmental, social and governance (ESG) sovereign scores and how sustainability issues contribute to credit risks for emerging market countries.
Latin America grapples with slow economic recovery, rising social demands
Jaime Reusche and Gabriel Torres of the Sovereign team discuss our negative credit outlook on Latin American sovereigns. Although we expect the region to broadly return to GDP growth in 2021, economic revival will take time and pressure on governments to boost spending on social programs will build in the wake of the coronavirus crisis.
Fantastic conversation on Emerging Markets
This is great! I was able to get a quick concise overview of EM in this podcast. A very interesting take on names that might have problems in the coming months.